Brown-Forman Corporation was named one of the best-managed U.S. companies in the first-ever list of well-run businesses by the Drucker Institute, as reported by The Wall Street Journal. Brown-Forman ranked 37 out of 250, scoring five stars (out of five) for employee engagement and four stars (out of five) for customer satisfaction, innovation, social responsibility, and financial strength.
The Management Top 250 report is a comprehensive guide that examines how effective U.S. companies are at navigating today’s complex business environment and serving their customers, employees, and shareholders. The report was compiled by the Drucker Institute, named after Peter Drucker, whose writings were influential in the culture and structure of the modern corporation.
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The ranking is a holistic measure of corporate “effectiveness,” based on how well they do in areas like customer satisfaction, innovation, and financial strength. Brown-Forman was featured as a Top Company for Employee Engagement and Development. The measure includes employee ratings of job satisfaction, opportunities for advancement, and compensation.
The Management Top 250 includes the top U.S. companies from a pool of 693 publicly traded companies that were included in a Drucker Institute study. To be included in the study, companies met these criteria:
- They were listed in the Fortune 500
- Had stock that was a component of the S&P 500 index
- Or had a stock-market capitalization of $10 billion or more when study occurred.
For nearly 150 years, Brown-Forman Corporation has enriched the experience of life by responsibly building fine quality beverage alcohol brands, including Jack Daniel’s Tennessee Whiskey, Jack Daniel’s & Cola, Jack Daniel’s Tennessee Honey, Jack Daniel’s Tennessee Fire, Gentleman Jack, Jack Daniel’s Single Barrel, Finlandia, Korbel, el Jimador, Woodford Reserve, Old Forester, Canadian Mist, Herradura, New Mix, Sonoma-Cutrer, Early Times, Chambord, BenRiach, GlenDronach and Slane. Brown-Forman’s brands are supported by over 4,700 employees and sold in more than 165 countries worldwide.